COVENTRY GROUP LIMITED — Capital/Financing Update 2014

Apr 28, 2014

525 Great Eastern Highway Redcliffe WA 6104

Tel: (08) 9436 5403 Fax: (08) 9436 5406

ASX RELEASE

29 April 2014

Market Update

Consistent with our half year results announcement and following a regular review of company financials and trading conditions, Coventry Group Ltd (Coventry) (ASX code: CYG) advises that it now anticipates a statutory net profit after tax for FY14 in the range of \$1M to \$2M. Coventry's business exposed to the mining/resources sector has seen an improvement in trading. However, our businesses in the construction sector are experiencing a very difficult trading environment.

The Directors do not anticipate any changes to Coventry's current dividend policy.

For further information, please contact:

Roger Flynn Executive Chairman Coventry Group Ltd (03) 9205 8223